Citi® Double Cash Card Review

Citi® Double Cash Card is a cashback credit card issued by Citibank. If you're wondering whether Citi® Double Cash Card is the right card for you, read on. This is everything you need to know to make a good choice.

Key takeaways:

• Earn 2% cash back on everyday purchases. This is higher than the average reward rate (1% cash back) for everyday purchases.
• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 18 months, which is longer than the average 0% APR period of 12 months.
• Competitive APRs. Citi® Double Cash Card has a variable purchase APR that ranges from 14.99% up to 24.99%.
• No annual fee. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
• 3% Balance transfer fee. Citi® Double Cash Card charges a fee of up to 3% on balance transfers. For example, a balance of $1,000 could cost up to $30 in transfer fees. The minimum fee is $5.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 3% every time you make a transaction outside the U.S.
• Multiple credit card benefits. Includes generous credit card perks, such as purchase protection, and fraud protection.
• Good or better credit required. You should probably try with another card if your credit score is below 680.

Citi® Double Cash Card Pros and Cons:

The Good	The Bad
Lower than average purchase APRs. 0% APR balance transfer intro rate on balance transfers for up to 18 months. No annual fee. Multiple credit card perks. Free access to your credit score. Cardholders can earn rewards on every purchase. Earn rewards on every purchase. Citi® Double Cash Card reports to multiple credit bureaus. Cardholders can earn rewards on their purchases.	Requires good to excellent credit. Does not offer a signup bonus. Charges a foreign transaction fee of 3%. Charges a 3% balance transfer fee.

Is there a Citi® Double Cash Card cash back or rewards program?

Citi® Double Cash Card is a cashback card. This means you earn a percentage of your purchase as a cash reward. With Citi® Double Cash Card you receive 2% cash back on every purchase. For example, if you buy a $1,000 laptop, you will receive $20 back in cash.

Citi® Double Cash Card Rewards

Rewards rate (all purchases)	2%
Max rewards rate	2%
Annual rewards limit	N/A
Signup Bonus ($)	N/A

What are the Citi® Double Cash Card benefits?

Citi® Double Cash Card provides the following benefits:

• Free Credit Score
• Zero fraud liability
• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for Citi® Double Cash Card?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Citi® Double Cash Card has lower than average purchase APRs.

Citi® Double Cash Card has a variable purchase APR that ranges from 14.99% up to 24.99%. The card has a variable balance transfer APR that ranges from 14.99% up to 24.99%. It also has a variable cash advance APR of 26.24% . Note that late payments are subject to an APR of 29.99% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

What are the fees for Citi® Double Cash Card?

The following fees apply to Citi® Double Cash Card:

Citi® Double Cash Card Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	3%
Returned Payment Fee	up to $40
Late Payment Fee	up to $40

Does Citi® Double Cash Card report your account activity to credit bureaus?

Citi® Double Cash Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

How to apply for Citi® Double Cash Card

• Visit the Citi® Double Cash Card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.